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Property major DTZ enters Indian market
Property adviser major DTZ is strengthening its global network with the launch of a new office in Bangalore, India.
Property adviser major DTZ is strengthening its global network with the launch of a new office in Bangalore, India.
The Bangalore branch would trade as DTZ Debenham Tie Leung. The DTZ move is part driven by the size of the growing market in India and the needs of the major global corporate, many of which look for representation in India.
Managing Director Ankur Srivastava would head the DTZ Debenham Tie Leung Bangalore office, which has its major branch in Birmingham.
He would be responsible for the development and growth of the business in the region, overseen by David Steventon who would be based in Britain.
With the office in Bangalore now fully operational with a team of seven, a second is planned in the Indian capital, New Delhi.
Mark Struckett, chief executive of DTZ Holdings, said: "We have already built an enviable presence in the important strategic markets of north east and south east Asia.
"By expanding in India we will be even better placed to provide a seamless integrated service to global corporates throughout the Asia Pacific region."
Steventon said: "Business process outsourcing is inevitable and India is the main beneficiary of the resultant demand for real estate services."
